Cannon Financial Strategists Inc. Takes $223,000 Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Cannon Financial Strategists Inc. bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 2nd quarter, HoldingsChannel reports. The fund bought 723 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Connections Group Inc. purchased a new stake in iShares Russell 3000 ETF during the second quarter worth about $37,000. Denver PWM LLC purchased a new stake in iShares Russell 3000 ETF during the second quarter worth about $42,000. Federated Hermes Inc. boosted its holdings in iShares Russell 3000 ETF by 142.1% during the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after buying an additional 81 shares in the last quarter. Rothschild Investment LLC purchased a new stake in iShares Russell 3000 ETF during the second quarter worth about $44,000. Finally, ORG Partners LLC purchased a new stake in iShares Russell 3000 ETF during the second quarter worth about $47,000.

iShares Russell 3000 ETF Trading Down 0.9 %

IWV stock opened at $323.76 on Wednesday. The company has a market cap of $14.83 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 52 week low of $233.54 and a 52 week high of $327.05. The company’s 50-day moving average price is $314.88 and its 200 day moving average price is $306.30.

About iShares Russell 3000 ETF

iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States equity market, as represented by the Russell 3000 Index (the Index).